Currenc Group Ordinary Stock Operating Margin
| CURR Stock | USD 1.66 0.04 2.47% |
Fundamental analysis of Currenc Group allows traders to better anticipate movements in Currenc Group's stock price by examining its financial health and performance throughout various phases of its business cycle.
| Last Reported | Projected for Next Year | ||
| Operating Profit Margin | (0.59) | (0.62) |
Currenc | Operating Margin | Build AI portfolio with Currenc Stock |
Currenc Group Ordinary Company Operating Margin Analysis
Currenc Group's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Currenc Group Operating Margin | -0.62 |
Most of Currenc Group's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Currenc Group Ordinary is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Currenc Pretax Profit Margin
Pretax Profit Margin |
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Currenc Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Currenc Group's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Currenc Group could also be used in its relative valuation, which is a method of valuing Currenc Group by comparing valuation metrics of similar companies.Currenc Group is currently under evaluation in operating margin category among its peers.
Currenc Fundamentals
| Current Valuation | 87.47 M | ||||
| Shares Outstanding | 35 M | ||||
| Number Of Shares Shorted | 528.66 K | ||||
| Price To Earning | (9.89) X | ||||
| Price To Sales | 3.11 X | ||||
| EBITDA | (9.03 M) | ||||
| Net Income | (13.19 M) | ||||
| Cash And Equivalents | 51 K | ||||
| Total Debt | 13.53 M | ||||
| Debt To Equity | 4.68 % | ||||
| Current Ratio | 0.77 X | ||||
| Book Value Per Share | (0) X | ||||
| Cash Flow From Operations | (4.32 M) | ||||
| Target Price | 3.5 | ||||
| Number Of Employees | 28 | ||||
| Beta | 0.68 | ||||
| Market Capitalization | 126.3 M | ||||
| Total Asset | 40.57 M | ||||
| Retained Earnings | (51.96 M) | ||||
| Working Capital | (4.87 M) | ||||
| Current Asset | 777.46 K | ||||
| Current Liabilities | 5.64 M | ||||
| Net Asset | 40.57 M |
About Currenc Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Currenc Group Ordinary's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Currenc Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Currenc Group Ordinary based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Currenc Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Currenc Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Currenc Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Currenc Stock
Moving against Currenc Stock
The ability to find closely correlated positions to Currenc Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Currenc Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Currenc Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Currenc Group Ordinary to buy it.
The correlation of Currenc Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Currenc Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Currenc Group Ordinary moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Currenc Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Currenc Stock Analysis
When running Currenc Group's price analysis, check to measure Currenc Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Currenc Group is operating at the current time. Most of Currenc Group's value examination focuses on studying past and present price action to predict the probability of Currenc Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Currenc Group's price. Additionally, you may evaluate how the addition of Currenc Group to your portfolios can decrease your overall portfolio volatility.